Patreon Update on Sales Tax This Summer (Patreon)

What it dooski everyone!

Recently, Patreon has been prepping some updates for the near future, that will be implanted on July 1st. I wanted to give ya’ll a heads up in advance as they may impact some of your pledges.

Due to new laws passing in several countries and US states, Patreon will be required to start charging sales tax on some pledges starting July 1st. 

Less than half of all patrons will be charged sales tax, and for most, the amount will be very small. For example, sales tax rates in the US range from 4% to 11%, so on a $5 pledge, that would be between 20 cents and 55 cents. 

Whether or not you will be charged sales tax depends on your location, and what is considered taxable there. Not every pledge is taxable, not all benefits are taxable in every location, and sometimes only a fraction of a pledge will be taxable. The money that Patreon collects as a result of these laws are paid directly to local governments. If you’re in a location where sales tax will be required, you should expect to receive an email from Patreon with more information about this very soon.

If you have questions, you should be able to find answers here. If you still have questions, the best place to get an answer is from Patreon’s customer support team, here. 

Again, thank you all so much for your support on Patreon.